Back
Active - Multi Family for sale
824 NE 16TH Street, Fort Lauderdale FL 33304
Facts & features
Why you’ll love it
GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Well-maintained 5-unit multifamily property generating $9,150 in monthly rental income and $109,800 annually! Featuring one 2-bedroom/2-bathroom unit and four 1-bedroom/1-bathroom units. Each unit includes 2 parking spaces. Four of the five units have been updated. Newer roof. New electrical panels completed in 2026. Currently owner-managed with an estimated 6.11% cap rate. Excellent opportunity to acquire a strong income-producing asset in a desirable Fort Lauderdale location.
Listings courtesy of Inbal Ruiz.
Listed by: Inbal Ruiz • 786-991-6115 • Inbal Ruiz
Co-listed by: Inbal Ruiz
Source: Miami MLS, MLS#: B26096945
Based on info available as of Nov 13, 2026 at 7:00 PM EST.
Come see by yourself
Affordability
$7,483/mo
- Mortgage$6,214
- Property tax$1,268
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$24,580 Credit back
Start an offerDiscover the neighborhood
Travel times
About Fort Lauderdale
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 6 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 13, 2026 at 07:00pm EST.
Make a winning offer, and get up to
$24,580 Credit back
